0001104659-23-063760.txt : 20230524 0001104659-23-063760.hdr.sgml : 20230524 20230523201017 ACCESSION NUMBER: 0001104659-23-063760 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230524 DATE AS OF CHANGE: 20230523 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Honda Auto Receivables 2023-2 Owner Trust CENTRAL INDEX KEY: 0001976562 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-261436-04 FILM NUMBER: 23950340 BUSINESS ADDRESS: STREET 1: 1919 TORRANCE BLVD STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90501 BUSINESS PHONE: 3109722511 MAIL ADDRESS: STREET 1: 1919 TORRANCE BLVD STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90501 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HONDA RECEIVABLES LLC CENTRAL INDEX KEY: 0000890975 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 800695898 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1919 TORRANCE BLVD STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90501 BUSINESS PHONE: 3109722511 MAIL ADDRESS: STREET 1: 1919 TORRANCE BLVD STREET 2: C/O AMERICAN HONDA RECEIVABLES LLC CITY: TORRANCE STATE: CA ZIP: 90501 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN HONDA RECEIVABLES CORP DATE OF NAME CHANGE: 19940324 FWP 1 tm2316650d1_fwp.htm FWP

 

Free Writing Prospectus Filed Pursuant to Rule 433

Registration Statement Nos. 333-261436-04 and 333-261436

 

*FULL PRICING DETAILS* $1.5B Honda (HAROT 2023-2) Prime Auto Loan ABS

 

Joint Bookrunners: Barclays(str), J.P. Morgan, TD Securities, Wells Fargo Securities

Co-Managers: ANZ Securities, BNY Mellon Capital Markets, BofA Securities, US Bancorp

 

– CAPITAL STRUCTURE –

 

CLS TOTAL (mm)  OFFERED (mm)  WAL   S/M*  PWIN  L.FIN  BENCH  SPREAD  YIELD (%)  CPN (%)  PRICE (%)
A-1 370.980  352.431  0.29   A-1+/P-1  1-8  06/24  I-CRV  +19  5.498  5.498  100.00000
A-2 615.480  584.706  1.17   AAA/Aaa  8-22  04/26  I-CRV  +55  5.477  5.41  99.99401
A-3 495.480  470.706  2.52   AAA/Aaa  22-40  11/27  I-CRV  +85  4.988  4.93  99.98380
A-4 97.008  92.157  3.29   AAA/Aaa  40-40  09/29  I-CRV  +102  4.968  4.91  99.97792

 

PRICED - TOE: 4:36PM ET

 

*Anticipated Ratings

^Transaction size based on offered bonds

– Transaction Details –

Offered Size : $1.5B

Registration : SEC Registered

Expected Settle : May 30th, 2023

ERISA Eligible : Yes

PXG Speed : 1.3% ABS to 10% Call

Risk Retention : US – Yes, EU – No

BBG Ticker : HAROT 2023-2

Bill & Deliver : Barclays

 

– Marketing Materials –

 

Preliminary Prospectus, Ratings FWP and CDI File : Attached

CDI Deal Name: bcgharot_2023-2_upsize | Passcode YX69

 

The issuer has filed a registration statement (including a prospectus) with the u.s. Securities and exchange commission (sec) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents that the issuer has filed with the sec, for more complete information about the issuer and this offering. You may get these documents for free by searching the sec online database (edgar) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. By calling 1-888-603-5847.